ISA 400 Risk Assessments and Internal Control
From Self-sufficiency
Revision as of 01:19, 31 July 2010 by Matt5AU (Talk) (Reverted 1 edit by 124.30.139.132 identified as vandalism to last revision by Cydebot. (TW))
 | This article does not cite any references or sources. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (October 2006) |
ISA 400 Risk Assessments and Internal Control is one of the International Standards on Auditing. It serves to require the auditor is to understand the client's accounting system and internal control system and to assess control risk and inherent risk. The objective is to determine the nature, timing and extent of substantive procedures in order to reduce audit risk to an acceptable low level.
See also
- Control environment
- Control objectives
- Control procedures
- Internal control types
- Walk through test
- Sarbanes-Oxley
- Entity-Level Controls
| 30px | This accountancy-related article is a stub. You can help ssf by expanding it. |
